DENVER, Feb. 27, 2018 /Weed Wire/ — Simplifya, the developer of the nation’s leading cannabis industry compliance software, announced Thursday it has closed a $3 million Series B round of funding. It was led by a $1 million investment from Merida Capital Partners, a private equity fund that targets fundamental growth drivers underpinning the rapid development of the cannabis industry.

A slew of cannabis software services has cropped up with the advent of marijuana legalization, from point-of-sale systems to advertising networks to product-review platforms. As businesses angle for a piece of the cannabis-tech pie, retailers have a lot of options to choose from.

WASHINGTON, Nov. 13, 2017 /Weed Wire/ — New Frontier Data, the leading provider of data, analytics and business intelligence in the cannabis industry, has partnered with Simplifya, a recently launched cannabis legal compliance software solution provider, offering one of the most technologically sophisticated platforms to enter the industry yet.

DENVER, Aug. 3, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT) is pleased to announce that the point-of-sale and compliance software platform it is acquiring and is expected to fully close on August 5, 2017, previously known as Odava, has been re-branded as MassRoots Retail.

DENVER, July 14, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT) is pleased to announce it has closed the acquisition of Odava, Inc., a leading compliance and point-of-sale system for the cannabis industry, for cash and common stock consideration, as fully detailed in our Current Report on Form 8-K filing, dated July 14, 2017.

DENVER, July 6, 2017 /Weed Wire/ — MassRoots, Inc. (OTCQB: MSRT) and Odava, Inc., a leading regulatory compliance platform for the cannabis industry, have executed a Definitive Agreement for MassRoots to acquire Odava for cash and shares of MassRoots’ common stock.

On May 31, 2017, the Washington State Liquor and Cannabis Board announced that it had chosen Franwell as the Apparent Successful Vendor to replace BiotrackTHC, the state’s current marijuana traceability contractor. With Franwell scoring the highest out of the seven bids submitted, the state will now proceed by negotiating the contract with the company.

OLYMPIA, Wash., May 31, 2017 /Weed Wire/ — The Washington State Liquor and Cannabis Board (WSLCB) today announced its selection of technology company Franwell as the Apparent Successful Vendor (ASV) to replace the existing seed-to-sale traceability system in Washington State.

LAS VEGAS, March 27, 2017 /Weed Wire/ — MariBiz (http://maribiz.com/), the mobile-first platform for canna-businesses that wants to turn #Green2Gold, made big noise at the California Cannabis Business Expo in San Diego — and the investment community is taking notice.

STAMFORD, Conn., March 23, 2017 /Weed Wire/ — Cannabis Benchmarks®, a division of New Leaf Data Services, LLC, and Guardian Data Systems, a leading ERP and POS solution provider, have announced a partnership to bring real-time transaction and cost data to cannabis businesses.

These filings cover everything from proprietary hybrid strains of cannabis, to “clean and efficient growing systems, software-based analytics and monitoring, and packaging and distribution infrastructure.”

SAN JOSE, Calif., Dec. 5, 2016 /Weed Wire/ — Green Bits, the painless point-of-sale (POS) for cannabis retailers and dispensaries, has partnered with Leafly, the world’s largest cannabis information resource, to provide legal cannabis business owners an easier way to provide patients and consumers up-to-date menu information to help them choose the right product.

FT. LAUDERDALE, Fla., Nov. 28, 2016 /Weed Wire/ — The Hawaii State Department of Health has signed a contract with BioTrackTHC™, formally authorizing the company to begin work on the development and deployment of the BioTrackTHC™ integrated tracking and traceability software system for the state’s Medical Marijuana Dispensary Licensing Program.

DENVER, Oct. 14, 2016 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT), one of the largest technology platforms for the cannabis industry, is pleased to announce it has recruited principal engineers from some of the world’s leading technology companies to accelerate the roll-out of several planned features.

So many people get tripped up or freaked out about the idea of investing in the cannabis industry, as if it is somehow a foreign concept, when in actuality many of the investment opportunities in the cannabis space have an interesting and financially sound platforms to their business models.

On June 24, 2016, Maryland’s Department of Information Technology issued a Request for Proposals for a medical cannabis seed-to-sale tracking system on behalf of the Natalie M. LaPrade Maryland Medical Cannabis Commission.

As state after state has legalized marijuana in one way or another, big names in corporate America have stayed away entirely. Marijuana, after all, is still illegal, according to the federal government.

BONSALL, Calif., Dec. 21, 2015 /Weed Wire/ — MARIJUANA COMPANY OF AMERICA (“MCOA” or the “Company”) (OTC: MCOA), a cannabis marketing and distribution company, is pleased to announce that it has partnered with ApogeeINVENT (“Apogee”) for the development of its marketing and software applications.

With a $25,000 investment minimum, a total of 13 purchasers helped MJ Freeway close its $8 million round of Series B financing. On Dec. 21, the company officially announced the raise, identifying Roger McNamee and Tao Capital Partners as investors.

Intuit, the maker of widely used small business software and accounting services, has increasingly been drawn to the fore of the banking discussion as legitimate marijuana businesses, often still without a bank account, attempt to track expenses.

DENVER, Oct. 12, 2015 /Weed Wire/ — Jessica Billingsley, Co-Founder and COO of MJ Freeway Business Solutions, a Denver-based woman-owned software company and the market leading provider of marijuana business software including point of sale, inventory tracking, manufacturing, and cultivation management, will be the first woman ever from the cannabis industry to accept the prestigious 2015 Fortune Most Promising Women Entrepreneur Award.

DENVER, Oct. 7, 2015 /Weed Wire/ — CannaScore (www.canna-score.com), the developers of the world’s first real-time compliance software for the marijuana industry, announced that its patented cannabis compliance auditing system is now available.

MJ Freeway is no longer exclusively drawing comparisons to other cannabis companies. After growing at a rate of 205% over the past three years, the company was listed among companies such as Microsoft, GoPro, and Yelp, on the 2015 Inc. 5000.

As of early August, CanopyBoulder Spring Class companies have raised nearly $3 million in seed financing, and more is on the way. But don’t think that raising money or investing money is easy—it is not.

DENVER, Aug. 18, 2015 /Weed Wire/ — Since 2010 MJ Freeway’s founders Amy Poinsett and Jessica Billingsley have created the leading software POS solutions company to run successful and compliant cannabis businesses in the nation.

CHICAGO, July 7, 2015 /Weed Wire/ – HerbFront Inc. is pleased to announce a new subscription-based model that will provide users with unlimited listings and searches on the only real estate platform exclusive to the cannabis industry.

LOS ANGELES, June 25, 2015 /PRNewswire/ — Kind Financial, the leading financial solutions company to the cannabis industry, today acquired the assets of Agrisoft Development Group, a seed-to-sale compliance software company.

DENVER, June 2, 2015 /PRNewswire/ — Flowhub, a next generation seed-to-sale platform for the cannabis industry, is pleased to announce it has closed a seed round led by Poseidon Asset Management, as well as a private placement by MassRoots (MSRT); a total of $500,000 was raised.

When banks close the accounts of legal marijuana businesses, they frequently cite the prohibitive cost of following Department of Justice and Financial Crimes Enforcement Network guidance about complying with the Bank Secrecy Act.

FORT LAUDERDALE, Fla., April 22, 2015 /Weed Wire/ — The New Mexico Department of Health’s Medical Cannabis Program has awarded BioTrackTHC™, a division of Bio-Tech Medical Software, Inc., a contract for the provision and deployment of an integrated patient and provider tracking software application.

FORT LAUDERDALE, Fla., April 22, 2015 /Weed Wire/ — BioTrackTHC™, the leading provider of seed-to-sale software solutions for medical and retail marijuana businesses and state governments, today announced that it has retained Cannabis Global Initiative (CGI) to expand the reach of BioTrackTHC’s cannabis tracking technology to new domestic and international regions.

Today we’ll be looking under the hood of two more companies, but before we do it’s worth spending a moment to take note of how the cannabis industry could be massively reframed as a result of recent news out of Washington, D.C.

MJINews was started to aggregate, report and opine on various ways to make money in the legal marijuana industry. While medical marijuana has been legal in many states for years, its legalization for recreational use in Colorado and Washington in 2014 has catapulted the entire subject to new heights.
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